Many of the classic and collectible cars we all lust over today and routinely see go for exorbitant amounts of money at auction weren’t always looked at in this light; in fact, many of the cars that are now gaining traction in the classic and collectible market were once looked at as oddities, the features that once deterred buyers now adding massive value in the resale market. For example, take a look at the 1963 Corvette. The ‘63 model year was the only year to feature a “split” rear window, something that at the time was not all that well received. Some people even went so far as to cut the divider out of the rear hatch and retrofit a singular glass panel. Fifty years later, split window coupes are fetching nearly twice as much as their single-window counterparts. Oops!
With all the variation in the collector car market, how can I ensure I’m making a smart buy? Are there any tell-tale signs that a car is soon to increase in value? Read more
The 924 occupies an interesting space in Porsche history; as their first front-engined, water-cooled model, its introduction spelled a change of direction for Porsche, which caused a stir among the Porsche faithful. Read more
This past weekend we finally saw a break in Chiberia’s bitter, grey winter. The sun came out for the first time in weeks and the temperature ticked above freezing….alright! We took this opportunity to stretch the legs of two cars that have been taunting us from the showroom, our ‘88 M3 and ‘84 Euro 635csi. Read more
Though it’s now been thirty years since the tragic end of Group-B, the buzz that the series created within the motorsport community has yet to fade away. The fire-breathing, turbocharged monsters of Group-B are renowned as some of the most ferocious, difficult-to-tame racing cars in all of motorsport history. The drivers of these cars were not only celebrated for their phenomenal skill, but for their superhuman-like focus and fearlessness. It has been said that subconscious self-preservation instincts are what really separated the great drivers from the good ones, as drivers were truly living on the brink of death while behind the wheel at race speed. Read more
As classic car enthusiasts, we’re always on the hunt for interesting projects. We love all of the oddball water-cooled Porsches of the 1980s, so when we got word of an ‘81 928S sitting on blocks in a backyard garage in the Chicago suburbs we got properly excited, albeit a bit skeptical as we knew that 1983 was the first year the 928S had been sold in the United States. We got in touch with the owner, and requested the VIN. Low and behold, the car was truly an ‘81 928S Euro-market car. We immediately got our flatbed ready to go. When we arrived at the owner’s property, here’s what we saw: Read more
There are a couple different types of collector car owners; there are those who are fastidious, never allowing their cars to be seen in public at anything shy of concours-level presentability, and then there are the drivers, owners who choose to forego often significant resale value in favor of using the car as the manufacturer intended, by getting behind the wheel and properly enjoying it. Certain types of cars will attract certain types of owners; generally, the more valuable the car, the more likely it is that the owner will be of the fastidious sort. When values of a particular model soar into the seven-figure range, we typically see the aforementioned “drivers” selling their cars, then to be purchased by those who will retire the car to their climate-controlled garage where they house the rest of their collection. Read more
When in the market for a classic or collectible vehicle there are a number of areas that, if properly studied and understood, will instill great confidence in you as a buyer and ensure a wise investment. While the excitement of purchasing a car you’ve always lusted over is often overwhelming, you must not let that excitement cloud your judgment. It is important to remember that proper due-diligence will be the difference between an expensive headache and the euphoria of making a good buy. It’s all too easy to convince yourself that a particular car is the right car for you. My professional experience as a vintage car buyer has taught me that when in the market, you’re better off pursuing a specific level of quality or condition, rather than trying to make a certain car meet your desires. You must understand that sellers of classic and collectible vehicles tend to believe their car is nicer than it actually is; this is not because they are trying squeeze every last dollar out of you, it is because of the sentimental value many classic vehicles carry. The ability to see through the sentimental value of a car and ensure a good purchase relies heavily on your preparedness as a buyer. In this overview we will thoroughly examine the critical points of evaluating a classic or collectible vehicle prior to purchase, in an effort to ensure your next classic is well-bought. Read more
Prior to the widely-acclaimed debut of the Lamborghini Miura’s rolling chassis at the 1965 Turin Auto Show, the mid-engined layout was reserved for racing specials; never before had a production sports car had the engine mounted just behind the front seats. The radical design of the Miura created quite a stir in Turin; show-goers were placing orders for the car having only ever seen the chassis. The following year, at the Geneva show, the public got their first glance of the full product, the Miura P400 prototype. With then-25-year old Bertone protege Marcello Gandini’s sleek, flowy styling and the revolutionary mid-engined design, the Miura was an instant hit. It captured the hearts of show-goers and the automotive press alike, and in doing so, effectively created the “supercar” segment as we know it today. Read more
Who wants a free Bimmer? Anyone assembling a LeMons team? We have a 1978 BMW e12 530i Automatic that isn’t doing us any good just sitting here. It’s a rusty non-runner, but it’s largely complete and hey, it’s free. We’d love to see it go to somebody that’s going to have fun with it, rather than let it continue to be a lawn-ornament. There’s a couple holes in the floor pans; it’s not quite Flinstone-mobile level but it’s worth noting. Seats are torn, dash is cracked…ya know how it is. We’re not interested in parting out – somebody just come take the thing!